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Moody’s: MCE unaffected by purchase transaction
Moody's Investors Service said that MCE Finance Ltd.’s Ba3 corporate family rating and stable rating outlook are unaffected by the share purchase transaction announced on Dec. 15 involving other Melco group companies.
"Moody's believes that any financing to facilitate the share purchase will be done outside of MCE Finance Ltd. or its parent Melco Crown Entertainment Ltd.," Moody's assistant vice president and analyst Stephanie Lau said in a news release.
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